You work as a project manager for BlueWell Inc. You have declined a proposed change request because of the risk associated with the proposed change request. Where should the declined change request be documented and stored?
Answer(s): A
The change request log records the status of all change requests, approved or declined.The change request log is used as an account for change requests and as a means of tracking their disposition on a current basis. The change request log develops a measure of consistency into the change management process. It encourages common inputs into the process and is a common estimation approach for all change requests. As the log is an important component of project requirements, it should be readily available to the project team members responsible for project delivery. It should be maintained in a file with read-only access to those who are not responsible for approving or disapproving project change requests.Incorrect Answers:B: The project archive includes all project documentation and is created through the close project or phase process. It is not the best choice for this question.C: Lessons learned are not the correct place to document the status of a declined, or approved, change request.D: The project document updates is not the best choice for this to be fleshed into the project documents, but the declined changes are part of the change request log.
Which of the following comes under phases of risk management?
Answer(s): A,B,C,D
Risk management provides an approach for individuals and groups to make a decision on how to deal with potentially harmful situations.Following are the four phases involved in risk management:1. Risk identification: The first thing we must do in risk management is to identify the areas of the project where the risks can occur.This is termed as risk identification. Listing all the possible risks is proved to be very productive for the enterprise as we can cure them before it can occur. In risk identification both threats and opportunities are considered, as both carry some level of risk with them.2. Risk Assessment and Evaluation: Risk assessment use quantitative and qualitative analysis approaches to evaluate each significant risk identified.3. Risk Prioritization and Response: As many risks are being identified in an enterprise, it is best to give each risk a score based on its likelihood and significance in form of ranking. This concludes whether the risk with high likelihood and high significance must be given greater attention as compared to similar risk with low likelihood and low significance. Hence, risks can be prioritized and appropriate responses to those risks are created.4. Risk Monitoring: Risk monitoring is an activity which oversees the changes in risk assessment. Over time, the likelihood or significance originally attributed to a risk may change. This is especially true when certain responses, such as mitigation, have been made.
You are the project manager in your enterprise. You have identified occurrence of risk event in your enterprise. You have pre-planned risk responses. You have monitored the risks that had occurred. What is the immediate step after this monitoring process that has to be followed in response to risk events?
When the risk events occur then following tasks have to done to react to it: Maintain incident response plansMonitor riskInitiate incident responseCommunicate lessons learned from risk events
You are the project manager for GHT project. You need to perform the Qualitative risk analysis process. When you have completed this process, you will produce all of the following as part of the risk register update output except which one?
Probability of achieving time and cost estimates is an update that is produced from the Quantitative risk analysis process. In Qualitative risk analysis probability of occurrence of a specific risk is identified but not of achieving time and cost estimates.
You have been assigned as the Project Manager for a new project that involves building of a new roadway between the city airport to a designated point within the city. However, you notice that the transportation permit issuing authority is taking longer than the planned time to issue the permit to begin construction. What would you classify this as?
Answer(s): D
This is a project issue. It is easy to confuse this as a project risk; however, a project risk is always in the future. In this case, the delay by the permitting agency has already happened; hence this is a project issue. The possible impact of this delay on the project cost, schedule, or performance can be classified as a project risk.Incorrect Answers:A: It is easy to confuse this as a project risk; however, a project risk is always in the future. In this case, the delay by the permitting agency has already happened; hence this is a project issue.B, C: These are options are not valid.
Share your comments for ISACA CRISC exam with other users:
Great questions.
great dumps to practice for the exam
How reliable and relevant are these questions?? also i can see the last update here was January and definitely new questions would have emerged.
Can I trust to this source?
can you please provide the CBDA latest test preparation
This is the best and only way of passing this exam as it is extremely hard. Good questions and valid dump.
Can I use this dumps when I am taking the exam? I mean does somebody look what tabs or windows I have opened ?
Finally got a change to write this exam and pass it! Valid and accurate!
Upload this exam please!
Thank you for providing these questions. It helped me a lot with passing my exam.
my first attempt
very explainable
i think answer of q 462 is variance analysis
hi i need see questions
best study material for exam
very interesting repository
american history 1
good level of questions
i need this dump kindly upload it
do we need c# coding to be az204 certified
excellent topics covered
are these really financial cloud questions and answers, seems these are basic admin question and answers
are these comments real
please upload the latest dumps
a company runs its workloads on premises. the company wants to forecast the cost of running a large application on aws. which aws service or tool can the company use to obtain this information? pricing calculator ... the aws pricing calculator is primarily used for estimating future costs
looks interesting
thanks! that’s amazing
the exam dumps are helping me get a solid foundation on the practical techniques and practices needed to be successful in the auditing world.
q 14 should be dmz sever1 and notepad.exe why does note pad have a 443 connection
question # 108, correct answers are business growth and risk reduction.
are these valid chfi questions
question: 162 should be dlp (b)
good exam questions
I have to say this is really close to real exam. Passed my exam with this.